Innoviz completes upsized public offering, raising USD65 million
Innoviz Technologies Ltd. (Innoviz), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, has announced the pricing of its upsized underwritten public offering, with total gross proceeds of the offering, before underwriters’ discounts and estimated offering expenses, will be USD 65 million
A Latham team led by Houston partners Ryan Lynch and Ryan Maierson, and Tel Aviv/London partner Joshua Kiernan, represented the LiDAR sensors and perception software supplier in the offering.
They were supported by Tel Aviv/London partner Joshua Kiernan, with associateClayton Heery, Ziyad Barghouthy, Brian Bruzzo, and Melanie von Staa Toledo. Advice was also provided on tax matters by New York partner Elena Romanova, with associate Abigail Friedman.